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| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
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UNITED MEDICAL BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
UNITED MEDICAL BANK |
| Address | 800 KING FARM BLVD
ROCKVILLE, MD 20850 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,401 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $293,296,000 |
| Average Mortgage Loan Amount Applied For | $198,997 |
| Highest Mortgage Loan Amount Applied For | $1,495,000 |
| Average Applicant Income | $101,553 |
| Highest Applicant Income | $3,396,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
426 | $74,943,000 |
$175,000 | $1,495,000 |
$108,000 | $596,000 |
| Refinancing |
975 | $218,353,000 |
$223,000 | $1,464,000 |
$114,000 | $3,396,000 |
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| American Indian or Alaskan Native |
2 | $407,000 |
$203,000 | $267,000 |
$85,000 | $99,000 |
| Asian |
22 | $6,142,000 |
$279,000 | $678,000 |
$128,000 | $255,000 |
| Black or African American |
219 | $51,739,000 |
$236,000 | $750,000 |
$103,000 | $478,000 |
| Hispanic |
61 | $11,976,000 |
$196,000 | $650,000 |
$89,000 | $276,000 |
| Native Hawaiin or Other Pacific Islander |
7 | $1,967,000 |
$281,000 | $480,000 |
$137,000 | $216,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
209 | $39,213,000 |
$187,000 | $825,000 |
$151,000 | $3,396,000 |
| White |
881 | $181,852,000 |
$206,000 | $1,495,000 |
$106,000 | $831,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,381 | $290,214,000 |
$210,000 | $1,495,000 |
$113,000 | $3,396,000 |
| FHA-insured (Federal Housing Administration) |
20 | $3,082,000 |
$154,000 | $302,000 |
$59,000 | $100,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
186 | $35,422,000 |
$190,000 | $900,000 |
$98,000 | $315,000 |
| Application Denied By Financial Institution |
206 | $34,196,000 |
$166,000 | $1,170,000 |
$152,000 | $3,396,000 |
| Application Withdrawn By Applicant |
37 | $8,117,000 |
$219,000 | $998,000 |
$112,000 | $596,000 |
| File Closed For Incompleteness |
2 | $455,000 |
$227,000 | $350,000 |
$273,000 | $312,000 |
| Loan Originated |
970 | $215,106,000 |
$221,000 | $1,495,000 |
$106,000 | $874,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
30 | $4,590,000 |
$153,000 | $650,000 |
$134,000 | $420,000 |
| Credit Application Incomplete |
14 | $2,468,000 |
$176,000 | $387,000 |
$467,000 | $837,000 |
| Credit History |
13 | $2,163,000 |
$166,000 | $559,000 |
$114,000 | $354,000 |
| Debt-To-Income Ratio |
29 | $5,918,000 |
$204,000 | $1,170,000 |
$134,000 | $600,000 |
| Employment History |
2 | $490,000 |
$245,000 | $396,000 |
$74,000 | $110,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
8 | $936,000 |
$117,000 | $450,000 |
$95,000 | $276,000 |
| Mortgage Insurance Denied |
1 | $46,000 |
$46,000 | $46,000 |
$136,000 | $136,000 |
| Other |
93 | $14,930,000 |
$160,000 | $750,000 |
$130,000 | $3,396,000 |
| Unverifiable Information |
16 | $2,655,000 |
$165,000 | $371,000 |
$141,000 | $837,000 |
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Mortgage Loan App Totals for UNITED MEDICAL BANK by:
Metropolitan Area And
County
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